Rivian Automotive Stock Price Rises 3.3%

Analysts weigh in on whether investors should buy the electric vehicle maker's shares.

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

Rivian Automotive's (NASDAQ:RIVN) stock price traded up 3.3% on Monday, closing at $15.87 per share. The electric vehicle company saw trading volume of 24.4 million shares, down 20% from the average daily volume. Wall Street analysts have a mixed outlook on Rivian, with some maintaining a 'hold' rating and others issuing 'buy' or 'sell' recommendations.

Why it matters

Rivian is one of the most closely watched electric vehicle startups, having gone public in 2021. The company's performance and stock price movements are closely followed by investors looking to gauge the broader EV market and Rivian's ability to compete with established automakers like Tesla.

The details

Several Wall Street analysts have recently weighed in on Rivian's stock. Piper Sandler lowered its price target from $20 to $18, maintaining a 'neutral' rating. Bank of America initiated coverage with an 'underperform' rating and a $14 price target. Evercore and Weiss Ratings also have 'sell' ratings on the stock. Overall, Rivian has a 'hold' rating from analysts, with an average price target of $17.86.

  • Rivian Automotive's stock price closed at $15.87 on Monday, March 9, 2026.

The players

Rivian Automotive, Inc.

An American automotive technology company specializing in the design, development and manufacture of electric vehicles.

Piper Sandler

An investment bank and financial services firm that has issued a 'neutral' rating and lowered its price target for Rivian Automotive.

Bank of America

A multinational investment bank that has initiated coverage of Rivian Automotive with an 'underperform' rating and a $14 price target.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Rivian Automotive's stock price movement and analyst ratings highlight the ongoing uncertainty and mixed views surrounding the electric vehicle startup's ability to compete in the crowded EV market and deliver on its ambitious growth plans.